Town's Remedies Sample Clauses

Town's Remedies. In the case of any breach of this Agreement by Purchaser, the Town may terminate this Agreement by written notice to Purchaser, and the Town shall have all remedies available at law or equity for such breach. In addition to all other remedies, in the case of a breach of this Agreement by Purchaser, the Town shall have the right to recover the entire Purchase Price from Purchaser, in addition to all costs and fees, including attorney fees, incurred by the Town.
AutoNDA by SimpleDocs
Town's Remedies. If the closing does not occur by reason of a breach of the Seller, and the Town has complied with the terms of this Agreement, the Town may terminate this Agreement by written notice to the Seller and the Xxxxxxx Money shall be refunded to the Town. In addition, the Town shall have all remedies available at law or equity for such breach, including specific performance.
Town's Remedies. The Town may, following prior written notice to Grantor, institute suits to enjoin any violation of the terms of this Restriction by ex parte, temporary, preliminary or permanent injunction, including without limitation prohibitory and/or mandatory injunctive relief, and to require the restoration of the exterior of the Building to the condition and appearance required under this Restriction. The Town shall also have available all legal and other equitable remedies to enforce Grantor's obligations hereunder. In the event any civil action is commenced and Grantor is found to have violated any of Grantor's obligations or is otherwise liable under this Restriction, Grantor shall reimburse the Town for any costs or expenses incurred in connection with the Town's enforcement of the term of this Restriction, including without limitation all reasonable court costs, and attorney, architectural, engineering and expert witness fees.
Town's Remedies in the Event of Default by District or Dissolution of District The Parties agree that the Site Lease includes language which provides, that upon an event of nonappropriation or event of default by the District under the Lease Purchase Agreement,, the District shall vacate the New Library Site and the Trustee, prior to the Trustee exercising any remedies set forth in the Lease Purchase Agreement, shall:
Town's Remedies. If the Closing fails to occur due to a default by MLF under this Agreement, and such default continues for more than 30 days following Town’s notice to MLF of such default, then Town shall have the right to exercise one of the following remedies (such decision to be in Town’s sole discretion): (i) Town shall have the right to terminate this Agreement by giving written notice of such termination to MLF, in which case, neither Party shall have any further obligations or liabilities under this Agreement, except for any that expressly survive the expiration or termination of this Agreement; or (ii) Town shall have the right to institute and prosecute an action to compel specific performance of this Agreement against MLF.
Town's Remedies. Upon the occurrence of any one or more of the Events of Default set forthin Section 29.1 hereof, the Town, at its option, in addition to and not in lieu of any other remedies provided for herein, shall be entitled to proceed to exercise any and all actions it may have in law or at equity, including drawing down upon the bond for any fees, costs, expenses or penalties that Grantee has not paid, and in addition, at its option, the Town may terminate this Agreement upon providing notice to Grantee, provided, however, the Town may take such action or actions only after first giving Grantee written notice of the Event of Default and a reasonable time within which Grantee may cure or commence diligent efforts to cure such Event of Default, which period of time shall be not less than forty-five (45) calendar days (or, if such Event of Default is not curable within forty-five (45) days, if Grantee fails to commence such cure within forty-five (45) days or fails thereafter diligently to prosecute such cure to completion), except that the period of time shall not be less than thirty (30) calendar days for any monetary amounts past due and owing by Grantee to the Town, or for failure to maintain adequate insurance or bonds, as provided for herein.
Town's Remedies. If the closing does not occur by reason of a breach of the Purchaser, the Town shall have the right to retain the Xxxxxxx Money as liquidated damages and neither Party shall have any further obligation hereunder.
AutoNDA by SimpleDocs
Town's Remedies. In the event of a breach of any of the terms or conditions of this Agreement by the Benefited Property Owner or the Burdened Property Owner, the Town Administrator shall be notified immediately and the Town may take such action as permitted and/or authorized by law, this Agreement, or the ordinances and Charter of the Town. These remedies include, but are not limited to: The refusal to issue any building permit or certificate of occupancy for the Burdened Property; The revocation of any certificate of occupancy, temporary or otherwise, for the Benefited Property or the Burdened Property; or Any other remedy available at law. Covenant Binding on Burdened Property. The Benefited Property Owner and the Burdened Property Owner agree that the terms and conditions of this Agreement are covenants that run with the Burdened Property and are for the benefit of the Benefited Property and can only be released by the Town.

Related to Town's Remedies

  • Seller’s Remedies If Purchaser fails to perform its obligations pursuant to this Contract at or prior to Closing for any reason except failure by Seller to perform hereunder, or if prior to Closing any one or more of Purchaser's representations or warranties are breached in any material respect, and this failure or breach is not cured within three (3) Business Days after written notice from Seller to Purchaser (other than failure to close for any reason unrelated to a default by Seller, for which there shall be no notice or cure period), then Seller, as its SOLE and EXCLUSIVE remedy (except as provided in Sections 6(c) and 9), may (i) terminate this Contract and receive the Xxxxxxx Money as liquidated damages and not as penalty, in full satisfaction of claims against Purchaser hereunder, or (ii) waive Purchaser’s failure or breach and proceed to Closing. Seller and Purchaser agree that Seller's damages resulting from Purchaser's default are difficult, if not impossible, to determine, and the Xxxxxxx Money is a fair estimate of those damages and has been agreed to in an effort to cause the amount of damages to be certain. Notwithstanding anything in this Section 11(a) to the contrary, in the event of Purchaser's default or termination of this Contract, Seller shall have all remedies available at law or in equity if Purchaser or any party related to or affiliated with Purchaser is asserting any claims or right to the Property that would otherwise delay or prevent Seller from having clear, indefeasible and marketable title to the Property other than as a result of Purchaser’s exercise of its remedies under subsection (b) hereof. If Closing is consummated, then Seller shall have all remedies available at law or in equity if Purchaser fails to perform any post-closing obligation of Purchaser under this Contract.

  • Defaults and Remedies Section 6.01.

Time is Money Join Law Insider Premium to draft better contracts faster.